iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Shares Up 0.1% – Time to Buy?

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) shares traded up 0.1% during trading on Friday . The stock traded as high as $24.20 and last traded at $24.14. 24,188 shares traded hands during trading, a decline of 66% from the average session volume of 70,157 shares. The stock had previously closed at $24.11.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

The firm has a 50 day simple moving average of $24.25 and a two-hundred day simple moving average of $24.02.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given a dividend of $0.0842 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $1.01 annualized dividend and a dividend yield of 4.19%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IBTO. Noble Wealth Management PBC bought a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the 4th quarter valued at approximately $47,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the first quarter worth $226,000. Jaffetilchin Investment Partners LLC acquired a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF during the first quarter worth $267,000. Atlantic Private Wealth LLC bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 4th quarter valued at $523,000. Finally, Atlantic Union Bankshares Corp boosted its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 3.1% during the 1st quarter. Atlantic Union Bankshares Corp now owns 733,299 shares of the company’s stock valued at $17,892,000 after acquiring an additional 22,206 shares in the last quarter.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.